Decentralized finance platform Exponential announced it has raised $14 million in a seed round led by Paradigm.
Decentralized finance platform Exponential has raised $14 million in a seed round led by Paradigm.
Exponential CEO and co-founder Driss Benamour previously worked as head of fintech products at Uber, while co-founder and chief technology officer Greg Jizmagian worked at Amazon for over five years and helped to build out Amazon’s voice grocery shopping efforts. The challenge with DeFi is that this often means interacting with obscure protocols and complex setup processes.
“Exponential users will have DeFi instruments at their fingertips,” the company said in the blog post.However, decentralized finance is a whole different beast compared to the consumer apps offered by Amazon and Uber.
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